SHIB/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.

The bearish trend downwards to the next support line at 0.000014730 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000015670 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000015670 – 0.000015970 – 0.000015890 – 0.000014730 – 0.000015170 – 0.000015090

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern